An evening walk down D-Street on April 25, 2019
Episode 1124, Apr 25, 2019, 12:43 PM
Market took a U-turn on D-Street as Sensex and Nifty reversed morning gains and closed below their crucial psychological support levels. The S&P BSE Sensex gave up 39,000 while Nifty50 closed below 11,700 levels on the expiry day.
Volatility was largely on account of monthly expiry in F&O for the April series, mixed earnings, election outcome in May, rise in bond yield, fall in rupee as well as rise in crude oil prices which is trading near 2019 highs.